| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.4B | $21.4B | $21.5B | 5.0% | 4.3% |
| Op. Income | $6.7B | $6.3B | $6.4B | 6.1% | 4.7% |
| Gross Margin | 69.4% | 69.6% | 70.0% | -0.2pp | -0.6pp |
| Net Margin | 20.9% | 15.2% | 23.9% | 5.7pp | -3.0pp |
| EPS (Diluted) | $1.93 | $1.34 | $1.96 | 44.0% | -1.5% |
| Free Cash Flow | $4.7B | $2.9B | $3.1B | 63.4% | 52.3% |
| Item | Amount |
|---|---|
| REVENUE | $22.4B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $15.6B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.5B |
| SG&A Expenses | $5.5B |
| Other Expenses | $0 |
| Operating Expenses | $8.9B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $6.7B |
| Interest Income | $395M |
| Interest Expense | $270M |
| Other Income/Expenses | -$909M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $1.8B |
| EBIT | $6.0B |
| EBITDA | $7.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $22.4B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $15.6B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.5B |
| SG&A Expenses | $5.5B |
| Other Expenses | $0 |
| Operating Expenses | $8.9B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $6.7B |
| Interest Income | $395M |
| Interest Expense | $270M |
| Other Income/Expenses | -$909M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $1.8B |
| EBIT | $6.0B |
| EBITDA | $7.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $341M |
| Deferred Income Tax | -$695M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$452M |
| OPERATING CASH FLOW | $5.6B |
| Capital Expenditure | -$976M |
| Acquisitions (Net) | -$12.6B |
| Purchases of Investments | -$554M |
| Sales/Maturities of Investments | $727M |
| Other Investing Activities | -$251M |
| NET CASH FROM INVESTING | -$13.7B |
| Net Debt Issuance | $11.5B |
| Common Stock Repurchased | -$136M |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | -$878M |
| NET CASH FROM FINANCING | $7.5B |
| FREE CASH FLOW | $4.7B |
| Net Change in Cash | -$595M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24.9B |
| Short-Term Investments | $597M |
| Net Receivables | $15.8B |
| Inventory | $12.2B |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $57.8B |
| PP&E (Net) | $19.7B |
| Goodwill | $44.3B |
| Intangible Assets | $39.7B |
| Long-Term Investments | $0 |
| Tax Assets | $9.0B |
| Other Non-Current Assets | $10.5B |
| TOTAL NON-CURRENT ASSETS | $123.3B |
| TOTAL ASSETS | $181.1B |
| Account Payables | $8.8B |
| Short-Term Debt | $9.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $53.9B |
| Long-Term Debt | $31.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $21.3B |
| TOTAL NON-CURRENT LIABILITIES | $55.6B |
| TOTAL LIABILITIES | $109.5B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $155.4B |
| Treasury Stock | -$75.7B |
| Accum. Other Comp. Income | -$11.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $71.5B |
| TOTAL LIABILITIES & EQUITY | $181.1B |
| Total Debt | $41.5B |
| Net Debt | $16.6B |
